HYPE (Hyperliquid) is the native token of the Hyperliquid Layer-1 ecosystem, mainly known for decentralized perpetual-futures and spot trading. As of 18 September 2026, HYPE is around $83–87, with a market cap near $19–21 billion and 24-hour trading volume in the $1–3.5 billion range, depending on the data source and market snapshot. Its recent all-time high is around $89.60. �
CoinGecko +2
For the future, HYPE could potentially move above $100 if Hyperliquid continues gaining users, trading volume and protocol revenue, but this is not a guaranteed target. At roughly 222–252 million circulating HYPE, every price level implies a substantially larger market capitalization. � For example, from $85: $100 ≈ +18%, $120 ≈ +41%, $150 ≈ +76%, and $200 ≈ +135%. The major risks include crypto-market volatility and substantial future token unlocks; one tracker lists another 14.2 million HYPE scheduled for September 29, 2026. �
CoinMarketCap +1
Tokenomics.com
Simple view: HYPE has strong ecosystem activity, but the higher it rises, the more capital is required to support further gains. $100, $120, $150 and $200 are scenarios—not predictions. Always consider market cap, unlocks, volume and risk before trading.

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